SINGAPORE/SYDNEY, Nov 25 (Reuters) - Adani dollar bond

prices fell to almost one-year lows on Monday as investors cut

their exposure to the Indian conglomerate in the wake of bribery

and fraud allegations from U.S. authorities.

The group's billionaire chairman, Gautam Adani, and seven

other people were last week charged with agreeing to pay around

$265 million in bribes to Indian government officials.

The charges related to alleged payments to obtain contracts

that could yield $2 billion of profit over 20 years as well as

to develop India's largest solar power project.

The charges also included making misleading statements to

the public despite being made aware of the U.S. investigation in

2023.

The Adani Group has said the accusations as well as those

levelled by the U.S. Securities and Exchange Commission in a

parallel civil case are baseless and that it will seek "all

possible legal recourse".

In Asian trade on Monday, some of the most liquid debts,

issued by Adani Ports and Special Economic Zone fell

between 1 cent and 2 cents, with similar selling in Adani

Transmission debt.

Ports bonds maturing in 2027 were down 1.6

cent to 88.98 cents on the dollar, having lost nearly 7 cents in

face value since U.S. prosecutors charged billionaire Chairman

Gautam Adani last week.

Longer-dated Ports bonds

were down on Monday and have lost between 8 cents and 10 cents

in face value on the news.

Adani Transmission debt maturing in May

2036 fell 1.8 cent on Monday for a loss of more than 7 cents

since Wednesday.

Adani group's 10 listed stocks led by Adani Enterprises

lost $27.9 billion in market value over two sessions

last week after the U.S. charges.